Crude Oil Nears $77 to Hit Three-year Level The price of crude oil continued its rally yesterday with Brent, Nigeria’s oil benchmark, nearing $77,...
Nigeria to cash in big as Price of Bonny Light hits $74.68 per barrel For the first time in 2021, the price of Nigeria’s...
Crude oil prices drop, pressured by stronger U.S. dollar Crude oil prices fell on Thursday pressured by a stronger U.S. dollar, but losses were...
Brent price surpasses $74 per barrel to trade 32-month high Crude oil prices have jumped on growing demand optimism as Brent crude trades over...
UN worried as global food prices soar to a ten year high The United Nations (UN) has expressed worries as global food commodity prices...
Nigeria’s new cassava policy to stem $6.1bn annual wheat importation The Nigerian Government says the policy of 10 per cent of cassava flour in...
Oil price sustains steady rise to near $72 per barrel Crude oil price closed in on the $72 mark as Brent crude hit $71.85...
Flour Mills Signs $300m sugar production deal with Nasarawa Flour Mills Nigeria at the weekend ramped up its Backward Integration Programme (BIP) in the...
SEC moves to address solid minerals challenges via commodity exchanges The Securities and Exchange Commission (SEC) is seeking to collaborate with the Ministry of...
Nigeria targets $700m yearly from sugar backward integration Dangote Sugar Refinery Plc has urged the government to faithfully follow through with the Backward Integration...
Oil rises on bullish API inventory report The American Petroleum Institute (API) on Tuesday reported a draw in crude oil inventories of 439,000 barrels...
Wheat importers to spend $1.29bn despite forex restriction Despite foreign exchange restriction by the Federal Government and fall in price, Nigerian importers will still...
Poultry sector remains worried over $1.36bn maize demand gap despite CBN initiatives Despite the unveiling of the first maize pyramid and flag-off of the...
Governor of the Central Bank of Nigeria (CBN) Mr. Godwin Emefiele, has assured that local farmers will bridge maize demand gap in Nigeria, vowing to resist...
Lagos Commodities Exchange to begin gold trading The Lagos Commodities and Futures Exchange is set to begin gold trading with the admission of Dukia Gold‘s diversified...
Worries of pandemic surge in India, cost Nigeria, others oil fortune With agency report Nigeria’s oil fortune and other major oil exporting country fell...
Oil hits six-week high $68.47 as dollar weakens The international oil benchmark, Brent crude, reached its highest in six weeks on Thursday as strong...
Kogi State gets $100m agric loan from AfDB By Olamide Onabanjo The African Development Bank (AfDB) has granted the Kogi State government $100...
OPEC+ to relax oil production cuts by 600,000bpd in May The Organisation of Petroleum Exporting Countries and its allies (OPEC+) seem set to ease...
CBN to impose forex restriction on wheat, sugar importation The Central Bank of Nigeria (CBN) is set to impose forex restrictions on the importation...